Bitcoin (BTC) is attempting to break above a short-term downtrend, although buyers will need to sustain the $40K support level. A price bounce is expected toward nearby resistance levels. Original
Bitcoin (BTC) returned above $40K as buyers reacted to short-term oversold signals. The cryptocurrency remains in a two-month long trading range between $37K support and $47K resistance, which could limit additional upside. Source
Bitfinex, a cryptocurrency exchange, and Tether, issuer of USDT, the largest stablecoin by market cap, have partnered to launch a cryptocurrency fund to support Salvadoran families affected by gang violence. The two companies have donated 25 BTC to start the initiative, and expect many more will join. The President of El Salvador, Nayib Bukele, declared a state of emergency two weeks ago. Bitfinex and Tether Bootstrap Charity Campaign for Salvadoran Families Bitfinex and Tether are worried about the destiny of the Salvadoran people. The two companies have recently…
While the United States Securities and Exchange Commission has yet to approve a spot Bitcoin exchange-traded fund, a recent Nasdaq survey suggested that the offering could lead to greater adoption of crypto among financial advisers. According to the results of a Nasdaq survey released on Monday, 72% of 500 financial advisers would be more likely to invest their clients’ assets in cryptocurrency should the SEC approve a spot crypto ETF product in the United States. For those already invested in crypto products, 86% of the financial advisers said they planned…
Bitcoin (BTC) is not yet oversold on the daily chart, although selling pressure could wane over the next few days. Buyers will need to maintain support around $37,500 to sustain the recovery from Jan. lows. Source
Terra (LUNA) price slid on April 11 as a broader correction across crypto assets added to the uncertainties concerning its token burning mechanism. Bitcoin (BTC) and Ether (ETH) led to a decline in the rest of the cryptocurrency market, with LUNA’s price dropping by over 8% to nearly $91.50, and about 30% from its record high of $120, set on April 6. The overall drop tailed similar moves in the U.S. stock market last week after the Federal Reserve signaled its intentions to raise interest rates and shrink balance sheets…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io gary vaynerchuk,garyvee business,gary vee,gary vaynerchuck,garyvee,business,success,entrepreneurship,entrepreneur,trash talk,trash talk 4,garage sale,flip game,flipping items,how to flip items,how to flip,NFT,Crypto,Cryptocurrency,gary vaynerchuk motivation,lemonade,support,small,business ideas,garage,sales,sale,garage sales,how to make money online,real estate investing,gary vaynerchuk fan page,gary vaynerchuk 2021,garyvee motivation,side hustle,uber ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Bitcoin has been trading near its key support level, and the price of ETH was also lower to start the weekend, falling below $3,200 in the process. Bitcoin Cryptocurrency markets were down by over 2% on Saturday, with BTC falling by the same amount to start the weekend. On Saturday, BTC/USD was trading close to its $42,000 support level for the majority of the session, following an earlier low of $42,183.25. This drop follows on from Friday’s intraday high of $43,903.02, however as volatility continued to rise, trades liquidated some…
Resistance at $48,000 and $50,000 have capped price rallies over the past four months, which means sellers are in control. Meanwhile, there has been a significant loss of downside momentum, suggesting that buyers could remain active at lower support levels. Original
Treasury Secretary Yellen says the regulatory frameworks for crypto assets in the U.S. should “support responsible innovation while managing risks.” She emphasized, “Regulation should be based on risks and activities, not specific technologies.” Treasury Secretary Yellen on Crypto Regulation U.S. Treasury Secretary Janet Yellen talked about crypto regulation Thursday at American University’s Kogod School of Business Center for Innovation. “Digital assets may be relatively new, but they are part of a larger trend – the digitization of finance – that has been in the making for decades,” she began. Yellen…